RBI Grade B MCQ Series – Quiz 1 (Eco Survey, FRBM etc)

August 24, 2019

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Dear aspirants,
We are presenting you the Quiz 1 of our RBI Grade B MCQ Series 2019. These MCQs will cover the questions on topics which are very important from exam point of view. Also do read the answers provided at the end of quiz.

Q1. What was world growth rate in 2018?

3.1%

3.3%

3.5%

3.6%

Q2. India is ______ largest economy in the World.

Fourth

Fifth

Sixth

Seventh

Q3. What is the target GFD/GDP ratio set out by FRBM act?

3%

3.1%

3.3%

3.4%

Q4. What was GFD/GDP ratio achieved in 2018-19?

3%

3.1%

3.3%

3.4%

Q5. Bogibeel Bridge is the second largest rail-cum-road bridge in Asia. In which state this bridge is situated?

Arunachal Pradesh

Assam

Kolkata

Uttarakhand

Q6. Bogibeel Bridge is situated over which river?

Ganga

Yamuna

Brahmaputra

Indus

Q7. What is the share of the states in the central divisible pool of taxes as per 14th Finance Commission recommendations?

32%

36%

40%

42%

Q8. The government has set goal of making India a US$ _____ economy by 2024-25?

5 trillion

7 trillion

8 trillion

10 trillion

Q9. To achieve goal of making India a US$ 5 trillion economy by 2024-25, what is real annual growth rate in GDP required as per economic survey 2018-19?

6%

7%

8%

10%

Q10. As per Economic Survey 2018-19, which among the following is the key driver of sustained growth model?

Saving

Investment

Export

Public Spending

Answers

4World output grew at 6 per cent in 2018

3
India is the sixth-largest economy in the world with a nominal GDP of $2.61 trillion. The top five economies in the world are USA followed by China, Japan, Germany and UK.

4
The GFD to GDP ratio declined from 4.5 per cent in 2013-14 to 4 per cent in 2018-19

2

3
Bogibeel bridge is a combined road and rail bridge over the Brahmaputra River in the north eastern Indian state of Assam between Dhemaji district and Dibrugarh district. It is the longest rail-cum-road bridge in India measuring 4.94 kilometres over the Brahmaputra river. It is Asia’s 2nd longest rail-cum-road bridge.

1
The Economic Survey 2018-19 and the Union Budget 2019-20 have indicated the government’s goal of making India a US$ 5 trillion economy by 2024-25

3
India aims to grow into a USD 5 trillion economy by 2024-25, which will make India the third-largest economy in the world. Given 4% inflation, as the Monetary Policy Framework specified by the Government for the Reserve Bank of India, this requires real annual growth rate in GDP of 8 per cent